PH real estate firm partners with Japan's railway company for P2.5-B project

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Local real estate firm Axeia Development Corporation signed a joint venture agreement with Fukuoka-based NNR Nishitetsu, for a P2.5b master-planned community in a 60.5 hectare property in General Trias, Cavite. ManilaBulletin

The 5-phased project, known as Richdale West Residences, is along Crisanto delos Reyes highway, beside Eagle Ridge Golf Course, half an hour from Tagaytay and 5 minutes away from the country’s Coffee Capital, Amadeo, Cavite.

"We plan to go beyond residential development into township development, urban transport and planning, retail and commercial development as well as waste management," he disclosed earlier. "The main pillar of our business is transportation. We were established in 1908 and since the 1960s, we expanded our business to real estate, developing a bus network in conjunction with our large housing complexes," explained NNR Director of Overseas Development Division Taro Koyama.

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